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ThaiLove

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ThaiLove

Re: None

Friday, 03/14/2014 8:57:36 PM

Friday, March 14, 2014 8:57:36 PM

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I may be well off in these figures & I welcome your input, but does this make sense to you guys?

To justify a 10c per share evaluation assuming a P/E of 50 with 3 billion shares (1 billion float + Ed's 2 billion) we'd need to see income of about 1.5 million this quarter to get us to 10c?

3billion x .10 = 300million
30million / P/E-50 = 6million
6million / 4 quarters = 1.5million

Any thoughts on the valuation? Or likely hood of achieving these figures?
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